how do I get the indicator to draw an "S" as soon as that Down Bar Reverses. Look at this Pic. I show EXACTLY what I'm trying to accomplish. but How do I get this done?
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Swings and Pivots Marker
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Swings and Pivots Marker
Hey Guys, I'm stumped. I simply want to Draw a Letter On top or Below a Swinging Bar. at Higher Swing Lows and Highs, and at Lower Swing Lows and Highs
how do I get the indicator to draw an "S" as soon as that Down Bar Reverses. Look at this Pic. I show EXACTLY what I'm trying to accomplish. but How do I get this done?
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All swing and zig zag indicators only identify the swing highs and lows several bars later and draw then back. If you select the swing strength as 4 - such as shown in your screenshot - you can use DrawText to draw the "S", but then draw it 5 bars ago, when the swing high or low have been detected.
I prefer to use a zigzag indicator which is based on both the swing strength and the minimum deviation. Higher highs and lows are plotted as green dots, while lower highs and lows appear as red dots.
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